News

The sale consists of a contractual sales price of $185 million and the release of $3.5 million in member deposits. The total consideration represents approximately $521,000 per key, RLJ Lodging reports.

The deal for the 372-unit building reported by Holliday Fenoglio Fowler, L.P. marks Equity Residential's return to the Denver multifamily sector since its exit in January 2016.

Demand from large cloud users resulted in more data center leasing activity in Northern Virginia in the first half of 2018 than the rest of the primary data center markets combined, according to CBRE's latest U.S. Data Center Trends report.

As office space shrinks, the tech performance of the space becomes more important, i.e., dedicated Internet access, connectivity to private cloud networks and secure connection to offshore centers.

Marx Realty's purchase of Lower East Side buildings at 135 and 161 Bowery demonstrates a continued demand in the neighborhood by creative and tech industry tenants.

The new logistics facility will provide a large block of modern, ready-to-move-into space in a high-demand market.

IOV remains in acquisition mode, seeking to acquire $100 million in assets over the next 12 to 24 months—with a five-year plan to amass more than $500 million in product type.

The Puget Sound region gained 67,860 people during the last year as the region's total population reached 4.135 million and since 2010, there have been more than 440,000 new residents.